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and the requesting party shall cooperate in the efforts to coordinate with WSDOT and/or <br /> the utility to obtain any required approvals and/or permits authorizing such activity. <br /> 7.4 Permitting. At least thirty (30) days prior to the delivery of any requested <br /> Services,the requesting party shall obtain and provide to the performing party copies of all <br /> permits necessary for the Services. <br /> 7.5 Party's Powers. Nothing contained herein shall be construed as in any way <br /> divesting either party of any of its powers with respect to the supervision, management, <br /> and control of roads and streets within its boundaries. <br /> 8. Payment by Requesting Party. <br /> 8.1 Actual Costs. The performing party shall be reimbursed in full by the <br /> requesting party for the actual costs of the Services provided on a time and materials basis <br /> plus an administrative overhead charge as described in Section 8.2 below. The performing <br /> party agrees that only those costs directly allocable to the Services under generally accepted <br /> accounting procedures will be charged to the requesting party. In computing the cost of the <br /> use of machinery and equipment,the performing party shall charge the requesting party for <br /> the full cost to the performing party of rental machinery and equipment and any operator <br /> furnished therewith and/or the performing party's equipment rental rate on performing <br /> party-owned machinery and equipment. <br /> 8.2 Administrative Overhead. For the purpose of fixing the compensation to be <br /> paid by the requesting party for the Services,it is agreed that there shall be included in each <br /> billing, to cover administrative costs, an amount not to exceed each party's administrative <br /> rate. The County rate is currently set at 20% of the total labor cost to the County for those <br /> County employees performing Services for the City under this Agreement. The City rates <br /> is currently set at 20% of the total labor cost to the City for those City employees <br /> performing Services for the County under this Agreement. Charges for administrative <br /> costs are in addition to charges for materials and equipment. This rate may be <br /> reasonably adjusted annually to reflect changes in actual administrative costs without <br /> the need for a formal amendment of this Agreement. <br /> 8.3 Invoicing and Payment. The performing party shall invoice the requesting <br /> party or its designee for all Services performed by the performing party. The requesting <br /> party shall remain liable for complete and timely payment of all amounts invoiced.Invoices <br /> may be sent monthly, quarterly or on any other schedule that is mutually convenient to the <br /> parties. The performing party shall include in each invoice, documentation of all costs for <br /> labor,materials and equipment included in the invoice.Unless the requesting party delivers <br /> written notice to the performing party disputing the amount of a particular invoice, the <br /> requesting party shall make payment on all invoices submitted by the performing party <br /> within thirty(30)days of the invoice date. Amounts not paid within 30 days of the invoice <br /> date shall thereafter accrue interest at a rate of twelve percent per annum or one percent <br /> per month. <br /> (Rev. 10-2021)INTERLOCAL AGREEMENT FOR MUNICIPAL ROAD AND 6 of 11 <br /> STREET SERVICES WITHIN THE CITY OF EVERETT <br />